Smart meters will be rolled out through energy suppliers to every home by the end of 2020 under final plans published today by Energy and Climate Change Minister Lord Hunt. A paper setting out the case for developing smart grids in the UK is also being published.
Lord Hunt said: “A global climate deal in Copenhagen needs all countries to make the most ambitious commitments possible, but it will also require all of us to change how we lead our lives and how we generate our energy.
“Smart meters will put the power in people’s hands, enabling us all to control how much energy we use, cut emissions and cut bills.
“Smart grids will help manage the massive shift to low carbon electricity such as wind, nuclear and clean fossil fuels.
“Globally the business of developing smart grids has been estimated at £27 billion over the next 5 years and the UK has the know-how to be part of that.”
Energy suppliers will be responsible for installing smart meters in their customers’ home. The meters will make it easier for homeowners to monitor their energy use in real time.
“Smarter Grids: The Opportunity”, also published today, makes the case for developing smart grids in the UK. Smart grids will give operators and consumers much more information about supply and demand of electricity – enabling more effective interaction between consumer needs and fluctuating supplies.
Specifically smart grids will enable electricity to be delivered more efficiently and reliably – reducing the costs and emissions from electricity generation and transmission. Most exciting will be the facility to feed-in small scale low carbon electricity sources such as wind from individuals and businesses.
The Department of Energy and Climate Change (DECC) is also providing £6 million to companies to continue developing smart technology such as electricity storage.
